The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
Lucky Energy secures $14m to fuel growth
US energy drink start-up, Lucky Energy, has raised another $14 million in an oversubscribed Series A1 round.
M&S invests over £50m in Northwest England, creating 300 new jobs
UK retailer M&S has announced a £50 million investment into stores across the Northwest of England, creating 300 new jobs in the region.
AB InBev closes brewery in New Hampshire, US, invests $1m in Asheville, North Carolina
AB InBev is restructuring part of its US operations, including a $1m investment into its Wicked Weed Brewing production in North Carolina.
JBS to invest $100m in two meat processing plants in Vietnam
JBS has announced a $100 million investment to build two meat processing plants in Vietnam.
IFF and Kemira form joint venture to produce sustainable bio-based materials
IFF and Kemira have announced the formation of Alpha Bio, a joint venture aimed at commercial-scale production of renewable materials.
Lion installs solar panels on New Zealand’s largest brewery
Lion NZ has announced the installation of one of the largest rooftop solar arrays in the country at its largest production site, The Pride.
Walmart plans to invest $6bn in Mexico in 2025
Walmart has informed its shareholders and the general investor public that it will be investing more than $6b US dollars in Mexico.
Global agri-food-tech investment shrinks as sector enters new growth phase
The global agri-food-tech sector has seen a steep decline in investment, with funding plummeting by 73% from its 2021 peak, according to...
UK government invests £1.4m in expanding precision fermentation expertise
The UK has invested £1.4m into a new innovation hub, aiming to enable the Food Standards Agency to broaden its expertise in new food-tech.
Chobani announces $500m expansion of facility in Twin Falls, Idaho
US dairy producer Chobani has broken ground on a $500m expansion of its plant in Twin Falls, Idaho.
Speciality Breads invests £20m in new bakery facility
Speciality Breads has invested £20m in a new bakery facility as part of its mission to become the ‘UK’s most sustainable bakery’.
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